China’s exports unexpectedly contract in October as shipments to U.S. drop 25%
A cargo ship loaded with foreign trade containers heads towards Qingdao Port in Qingdao City, Shandong Province, China, on November 5, 2025. Costfoto | Nurphoto | Getty Images China’s exports in October declined for the first time in nearly two years due to a high base effect and as businesses’ front-loading momentum tapered off ahead…